Technical analysis:
Gold has been trading strongly to the upside today and there is potential for the another short-term upside movement.
Trading recommendation:
My advice is to watch for buying opportunities on the pullbacks during the climatic movement today.
The upside short-term objective is set at the price of $1,900.
Stochastic oscillator is showing fresh upside momentum, which is another sign for the further rise.
Support level is set at the price of $1,834
The material has been provided by InstaForex Company - www.instaforex.com